BOJ believes Japan in recession, stands pat on policy (Reuters)

Reuters - The Bank of Japan kept monetary policy unchanged on Thursday even as it lowered growth forecasts and estimated the economy tipped into recession early this year, disappointing analysts who felt the grim readings after last month's earthquake called for more policy easing.

Source: http://us.rd.yahoo.com/dailynews/rss/japan/*http://news.yahoo.com/s/nm/20110428/bs_nm/us_japan_economy_boj

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